Dragonfly Energy Holdings (DFLIW) Gross Margin (2022 - 2025)
Dragonfly Energy Holdings (DFLIW) reported Gross Margin of 18.21% for Q4 2025, down 257.0% year-over-year from 11.6% in Q4 2024, and down 38.61% quarter-over-quarter from 29.66% in Q3 2025.
Dragonfly Energy Holdings (DFLIW) Gross Margin (2022 - 2025) Analysis & Trends
Dragonfly Energy Holdings (DFLIW) has 4 years of Gross Margin data on file, last reported at 18.21% in Q4 2025.
- Gross Margin for Q4 2025 came in at 18.21%, down 257.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 26.69% (up 373.0% YoY), and the FY2025 annual result was 26.69%, up 373.0% from the prior year.
- Gross Margin fell to 18.21% in Q4 2025 per DFLIW's latest filing, from 29.66% in the prior quarter.
- Over five years, Gross Margin peaked at 32.5% in Q2 2022 and troughed at 18.21% in Q4 2025.
- A 4-year average of 25.17% and a median of 24.62% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin sank 1214 bps in 2023, then jumped 710 bps in 2025.
- A 4-year view of Gross Margin shows it stood at 20.08% in 2022, then increased by 8 bps to 21.62% in 2023, then declined by 4 bps to 20.78% in 2024, then declined by 12 bps to 18.21% in 2025.
- Business Quant data shows DFLIW's Gross Margin at 18.21% in Q4 2025, 29.66% in Q3 2025, and 28.34% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 30.03% |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 35.88% |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 33.32% |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 39.32% |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 16.77% |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 29.65% |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 49.29% |
| 10 | Dragonfly Energy Holdings | - | - | 2.38 Mn | 18.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.21% |
| Sep 30, 2025 | 29.66% |
| Jun 30, 2025 | 28.34% |
| Mar 31, 2025 | 29.41% |
| Dec 31, 2024 | 20.78% |
| Sep 30, 2024 | 22.56% |
| Jun 30, 2024 | 23.98% |
| Mar 31, 2024 | 24.40% |
| Dec 31, 2023 | 21.62% |
| Sep 30, 2023 | 28.94% |
| Jun 30, 2023 | 20.36% |
| Mar 31, 2023 | 24.84% |
| Dec 31, 2022 | 20.08% |
| Sep 30, 2022 | 26.95% |
| Jun 30, 2022 | 32.50% |
| Mar 31, 2022 | 30.02% |